41474 460th St

Perham, MN 56573

$540,000
Price
3
Beds
1,872 Sq. Ft.
$288 / Sq. Ft.
1,872
Sq. Ft.
$288
per Sq. Ft.

Description

In over 15 years of selling real estate, I have not listed a property that offers this many possibilities. Located just outside of Perham on the shore of Schuster Lake, this one-of-a-kind offering features a three-bedroom, two-bath home, Highway 10 frontage, more than 2,000 feet of shoreline, wooded acreage, and tillable land under pivot irrigation. The combination of amenities creates an incredible range of options for the next owner. You can enjoy it as a private lake retreat—Schuster Lake has...In over 15 years of selling real estate, I have not listed a property that offers this many possibilities. Located just outside of Perham on the shore of Schuster Lake, this one-of-a-kind offering features a three-bedroom, two-bath home, Highway 10 frontage, more than 2,000 feet of shoreline, wooded acreage, and tillable land under pivot irrigation. The combination of amenities creates an incredible range of options for the next owner. You can enjoy it as a private lake retreat—Schuster Lake has no public access—while generating income from the tillable ground. The Highway 10 frontage also provides outstanding visibility and makes this an ideal candidate for potential commercial use. With the extensive shoreline, there is investment potential in subdividing and selling lake lots, or simply enjoy it as your year-round home or seasonal lake cabin. Schuster Lake is known for being deep, clean, and cool, providing excellent fishing and recreation. Anglers can target crappie, bluegill, bass, northern pike, and perch, and the water quality ensures great table fare. In addition to boating and summer fun, the property offers excellent winter recreation with ice fishing and snowmobiling right out your door. For hunters, the land provides solid deer, turkey and waterfowl hunting. Conveniently located only 3.5 miles from downtown Perham and its growing community, this property is positioned to serve as a dream home location, commercial investment, development opportunity, or all-season getaway. Properties with this level of versatility are rare—don’t miss the chance to make it your own. 3 bedroom, 2 bath home — move-in ready or ideal as a lake cabin Over 2,000 feet of shoreline on Schuster Lake Lake is deep, clean, and cool with excellent fishing and recreation Species include crappie, bluegill, bass, northern pike, and perch No public access to the lake — enjoy added privacy Tillable acres under pivot irrigation with income Highway 10 frontage with outstanding visibility Commercial or development possibilities with prime road exposure Strong hunting opportunities for deer, turkey, and waterfowl Year-round recreation including boating, ice fishing, and snowmobiling Just 3.5 miles from downtown Perham and its thriving community Rare opportunity combining residential, investment, and recreational value
  1. Listed by Whitetail Properties Real Esta

Property Details for 41474 460th Street

Subdivision Name
W Life Estate
Waterfront Features
Lake Front
Waterfront YN
Yes
Zoning Jurisdiction
Agriculture
LISTING UPDATED: 10/14/2025 04:39 PM

Property Details for 41474 460th Street

StatusActive
MLS #6790076
Days on Compass96
Taxes$2,014 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1960
Lot Size54.96 AC / 2,394,057 SF
CountyOtter Tail County

Location

Listing Courtesy of Whitetail Properties Real Esta
Add your commute

Building Information for 41474 460th Street

Stories-Year Built1960Building Size-Lot Size54.96 AC / 2,394,057 SF

Payment Calculator

$2,836 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,668

Property Taxes

$168

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 41474 460th Street

Summary
Location and General Information
  • City Name: Perham
  • County Or Parish: Otter Tail
  • County: Otter Tail-MN
  • Directions: From Perham, West on Hwy 10 to 460th Street.
  • Latitude: 46.62673
  • Longitude: -95.630136
  • Nbr of Acres: 44
  • Lake Chain: N
  • Lake Name: Natural Environment
  • PLAT: 80
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Perham
  • City and Location Text: Perham(MN)
  • Postal Code: 56573
  • State Or Province: MN
  • Public Survey Township: 136
  • Complex Name: Schuster
  • Waterfront Footage: 56022100
  • Waterfront Frontage: 2000
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 51000050066000
  • Tax Annual Amount: $2,014.00
  • Tax Legal Description: SECT-05 TWP-136 RANGE-039 54.96 AC NE1/4 NW1/4 & NW1/4 NE1/4 W OF RR OF W Full legal on deed to govern.
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 2014.0000
School Information
  • High School District: 549 - Perham-Dent
  • School District Number: 549
  • School District Phone: 218-346-4501
Property
Lot Information
  • Above Grade Fin SQFT: 1032.0
  • Below Grade Fin SQFT: 840.0
  • SQFT Total: 1872.0
  • Lot Size Area: 54.96
  • Lot Size Dimensions: 54.96±
  • Lot Size Square Feet: 2394057.6
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 1032.0000
  • Building Area Total: 1872.0
  • Above Grade SqFt Total: 1032.0000
  • Below Grade SqFt Total: 840.0000
Property and Assessments
  • Age Of Property: 65
Utilities
  • Sewer: Private Sewer
  • Water Source: Private, Well
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 840.0
  • Fuel: Propane
Interior Features
  • Basement Type: Finished, Full, Walkout
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Count: 2
  • Bedrooms Total: 3
  • Fireplaces Total: 0
  • FireplaceYN: No
  • Cooling: Window Unit(s)
  • DP Resource: Y
  • Garage Dimensions: 24x24
  • Garage Square Feet: 576
  • Heating: Hot Water
  • Levels: One
  • Room Type: Kitchen, Dining Room, Living Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Utility Room
  • Room List: Kitchen, Dining Room, Living Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Utility Room
  • Basement YN: Yes
Room Information
Room 1
  • Room Level: Main
  • Room Type: Kitchen
Room 2
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Type: Living Room
Room 4
  • Room Level: Main
  • Room Type: Family Room
Room 5
  • Room Level: Main
  • Room Type: Bedroom 1
Room 6
  • Room Level: Main
  • Room Type: Bedroom 2
Room 7
  • Room Level: Lower
  • Room Type: Bedroom 3
Room 8
  • Room Level: Main
  • Room Type: Bathroom
Room 9
  • Room Level: Lower
  • Room Type: Bathroom
Room 10
  • Room Level: Lower
  • Room Type: Utility Room

Property History for 41474 460th Street

DateEvent & SourcePriceAppreciation
Sep 22, 2025

Price Change

NorthStar #6792742

$540,000—
Sep 22, 2025

Listed (Active)

NorthStar #6792742

—
Sep 22, 2025

Price Change

NorthStar #6790076

$540,000—
Sep 22, 2025

Listed (Active)

NorthStar #6790076

—
DateEvent & SourcePrice
09/22/2025

Price Change

NorthStar #6792742

$540,000
09/22/2025

Listed (Active)

NorthStar #6792742

—
09/22/2025

Price Change

NorthStar #6790076

$540,000
09/22/2025

Listed (Active)

NorthStar #6790076

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 41474 460th Street

Taxable ValueLand$292,300Additions$157,200Total$449,500
Tax Record2025$2,014 ($168 / month)
Home Facts
Beds2Total Finished SqFt840 SqFtAbove Grade Finished SqFt840 SqFtStories1Lot Size2,394,058 SqFtStyleSingle Family ResidenceYear Built1960CountyOTTER TAILAPN51000050066000

Schools near 41474 460th Street

This home is within Perham-Dent Public School District.
Rating
School
Type
Grades
Distance
Heart Of The Lake Elementary School
Public - PK to 4
Prairie Wind Middle School
Public - 5 to 8
Perham Senior High School
Public - 9 to 12
Perham Area Learning Center
Public - 8 to 12
Rating
School
Distance
Heart Of The Lake Elementary School
PublicPK to 4

Prairie Wind Middle School
Public5 to 8

Perham Senior High School
Public9 to 12

Perham Area Learning Center
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 41474 460th Street, Perham, MN 56573

41474 460th Street is a single family home for sale in Perham, MN 56573. This property was listed for sale on September 22, 2025 by Whitetail Properties Real Esta, it's currently listed at $540,000. This listing's school district is Perham-Dent Public School District. Nearby schools include Heart Of The Lake Elementary School, Prairie Wind Middle School and Perham Senior High School. 41474 460th Street is a 3-bed, 2-bath, 1,872 sqft single family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Whitetail Properties Real Esta

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/28/2025 05:41 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.